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Feb 15, 2011
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barack obama is scheduled to meet thursday evening with tech leaders and then spend the night here. it will be a private meeting to talk about the president's new budget plan, which includes money for research and development, education and clean energy. meanwhile, on capitol hill, several hearings about the new budget plan are scheduled today. michael herzenberg with what's at stake. >> reporter: today the white house gets a chance to defend its new budget plan before lawmakers. budget director jacob lou will testify at a house hearing this morning just a day after president obama unveiled the $3 .7 trillion proposal. >> even as we cut out things we can afford to do without, we have a responsibility to invest in those areas that will have the biggest impact in our future. >> reporter: the president's plan calls for investments in areas like education and research but aims to slash $1 trillion from the deficit over the next decade. spending cuts would affect programs from urban development grants to heating assistance for low-income families. >> this budget does more spending, more
barack obama is scheduled to meet thursday evening with tech leaders and then spend the night here. it will be a private meeting to talk about the president's new budget plan, which includes money for research and development, education and clean energy. meanwhile, on capitol hill, several hearings about the new budget plan are scheduled today. michael herzenberg with what's at stake. >> reporter: today the white house gets a chance to defend its new budget plan before lawmakers. budget...
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Feb 15, 2011
02/11
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. >>> president obama coming to the bay area this week to sell his new budget. barack obama scheduled to meet thursday evening with tech industry leaders and then spend the night here. the "mercury news" reports it will be a private meeting to talk about the budget plan which includes money for research, development, education and clean energy. >>> congress begins hearings this morning on the president's new $3.7 trillion budget plan. the white house says the proposal would cut a trillion dollars from the deficit over the next decade. some democrats say the budget makes too many cuts though. some republicans say the cuts aren't deep enough. >>> time now 6:06. egypt is asking for international aid to help repair the economic damage from days of protests that ousted president hosni mubarak. a statement posted on the foreign ministry's website says america, great britain and saudi arabia have already offered support. meanwhile, a member of the committee appointed by egypt's ruling military to amend the constitution says radical changes are not planned and that rest
. >>> president obama coming to the bay area this week to sell his new budget. barack obama scheduled to meet thursday evening with tech industry leaders and then spend the night here. the "mercury news" reports it will be a private meeting to talk about the budget plan which includes money for research, development, education and clean energy. >>> congress begins hearings this morning on the president's new $3.7 trillion budget plan. the white house says the...
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Feb 15, 2011
02/11
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obama will be meeting with or whether he'll make public appearances. it is expected that there will be a lot of talk about jobs, innovation, green tech and education. recently the president has been stressing the need for government and business to work together to put people back to work. his 2012 budget proposal includes major investments in green tech. the president was here last october to support democrats in the november election. >>> among the things we value so highly here in the bay area are culture, our ecology. now they're going head-to-head. ap chinese delicacy or an environmental dilemma? those are the arguments following a proposed ban on shark fish. here's joe. >> reporter: china town is known for the shark fish soup. but this famous dish is under attack. today, a state assemblyman introduced legislation banning the sale of shark fish in california. >> without banning the sale and possession of shark fins we're not doing much. >> reporter: federal and state laws already ban the harvesting of shark fish in the u.s. waters but that hadn't
obama will be meeting with or whether he'll make public appearances. it is expected that there will be a lot of talk about jobs, innovation, green tech and education. recently the president has been stressing the need for government and business to work together to put people back to work. his 2012 budget proposal includes major investments in green tech. the president was here last october to support democrats in the november election. >>> among the things we value so highly here in...
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Feb 15, 2011
02/11
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barack obama is scheduled to meet thursday evening with tech industry leaders and then spend the night here. the "mercury news" reports it will be a private meeting to talk about the president's new budget plans which includes money for research and development, education and clean energy. >>> congress begins hearings this morning on the president's new 3-point trillion dollars -- $3.7 trillion budget plan. the white house says it will cut a trillion dollars from the budget over the next decade. it will cut various things from the budget. >> we have a responsibility to invest in those areas that will have the biggest impact in our future. >> the president's plan is getting criticism from members of both parties. house republicans are their own proposal to save billions from the current budget. >>> it is 5:07 on your tuesday. another laser strike threatens safety of a bay area pilot. and we are getting a firsthand look of what it looks like to be flying blind in the cockpit. >> plus, the top bay area hot spots for car thefts. where you have a one in 7 chance of getting your car stolen.
barack obama is scheduled to meet thursday evening with tech industry leaders and then spend the night here. the "mercury news" reports it will be a private meeting to talk about the president's new budget plans which includes money for research and development, education and clean energy. >>> congress begins hearings this morning on the president's new 3-point trillion dollars -- $3.7 trillion budget plan. the white house says it will cut a trillion dollars from the budget...
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Feb 15, 2011
02/11
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our time 5:09. >> president obama plans another trip to the bay area. still ahead, the hi-tech agenda he'll be pursuing. >> a damp per on silicon valley's recovery. >> the volunteers who helped curb the biggest complaint about the annual huge pillow fight. >> and no way! the wrath of the beaver nation. >> closed captioning brought to you by mancini sleepworld. >> good morning. we begin your "moneyscope" report. chevron has been ordered to pay $9 billion in damages by a judge in ecuador. he ruled that the company was responsible for polluting remote parts of the jungle. general motors says it will hand out the largest profit sharing checks in its history. gas prices hit the highest price ever in the month of february. it was pushed higher by the unrest in the middle east. if you're thinking about updating your wardrobe, you may want to do it now. clothing prices expected to rise while raw material and labor costs continue to sore. that's your "moneyscope" report. i'm vinita nair. >> no word where the meeting will take place but it will focus on jobs and
our time 5:09. >> president obama plans another trip to the bay area. still ahead, the hi-tech agenda he'll be pursuing. >> a damp per on silicon valley's recovery. >> the volunteers who helped curb the biggest complaint about the annual huge pillow fight. >> and no way! the wrath of the beaver nation. >> closed captioning brought to you by mancini sleepworld. >> good morning. we begin your "moneyscope" report. chevron has been ordered to pay $9...
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Feb 15, 2011
02/11
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obama wet, windy weather expected to recesrecess. slight chance of showers by the weekend. >> erica: tuesday morning commute looks good, and your problems on the bay bridge light conditions approaching san francisco. no problems having to san francisco. san mateo, over and the construction, in the northbound direction. westbound-92 ramp will be closed. it will reopen after 5:00 a.m., there is a detour. lots of space between cars. golden gate bridge, southbound-101 very quiet you can't see too many cars on the road nice, easy conditions speeds above 65 mi. per hour. james. > >> james: of berkeley police officer is recovering after his car was struck by another car trying to run from police officers saw on this beating across the oakland berkeley border that's when the surgeon tried to stop him. the driver fled, running a stop sign hitting the passenger side of the patrol car. the driver was treated and then taken into custody. police still looking for two men who robbed a value in escaping with cash. they entered the front office at t
obama wet, windy weather expected to recesrecess. slight chance of showers by the weekend. >> erica: tuesday morning commute looks good, and your problems on the bay bridge light conditions approaching san francisco. no problems having to san francisco. san mateo, over and the construction, in the northbound direction. westbound-92 ramp will be closed. it will reopen after 5:00 a.m., there is a detour. lots of space between cars. golden gate bridge, southbound-101 very quiet you can't see...
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Feb 15, 2011
02/11
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one is over president obama's new budget for next year. the other one is how to keep the government running this year. unless congress can act soon money to run the federal government runs out march 4th. the house votes later on this week on cutting $61 billion from spending this year. the pentagon is worried a lot of what we owe is paying for the wars overseas. even democrats are concerned about the cost. and president obama's new budget plan is up for scrutiny in several hearings today. >> tight anything our belts to live within our means. >> the only way to live within our deficit is to cut excessive spending wherever we find it. >> the president's proposed budget is now $3.7 trillion. republicans call it irresponsible, pate frontizing and full of tricky math. among the cuts to impact the bay area, the energy assistance energy for the poor, money to incarcerate undocumented immigrants is out and so are block grants for neighborhood development and money for some water projects. >>> the president will be in the bay area later this week.
one is over president obama's new budget for next year. the other one is how to keep the government running this year. unless congress can act soon money to run the federal government runs out march 4th. the house votes later on this week on cutting $61 billion from spending this year. the pentagon is worried a lot of what we owe is paying for the wars overseas. even democrats are concerned about the cost. and president obama's new budget plan is up for scrutiny in several hearings today....
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Feb 15, 2011
02/11
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obama. other recipients include angel merkel, investor warren buffett, and baseball hall of famer stan musia. >> stan the man. >>> dorell juvenile group, the company is recalling almost 800,000 child safety seats maxy cozy, costco and safety first brand. the recall covers infant, convertible and booster child restraint systems sold individually or as part of the volar -- stroller. officials say the lightning and release button does not always go to the locked position. now you can go to the channel 2 website, ktvu.com. we've got a link to that recall website. >>> it is nine minutes before 9:00. a lawsuit over a single word. find out about the dispute between subway restaurants offer its popular slogan. >>> and some stunning new revelations about those trapped coal miners in chile. >>> remember those miners in chile who were trapped 69 days in that collapsed mine, well, they are denying reports that they considered cannibalism to survive. we're getting new details about their experience in a
obama. other recipients include angel merkel, investor warren buffett, and baseball hall of famer stan musia. >> stan the man. >>> dorell juvenile group, the company is recalling almost 800,000 child safety seats maxy cozy, costco and safety first brand. the recall covers infant, convertible and booster child restraint systems sold individually or as part of the volar -- stroller. officials say the lightning and release button does not always go to the locked position. now you...
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Feb 15, 2011
02/11
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. >>> president obama will meet with tech business leaders on thursday to talk about green jobs and technology. the meeting will be private. the president will stay overnight before moving on to oregon on friday. and we just got word that the president will also hold a press conference for 8:00 this morning our time. nbc news will have a special report coming up during the "today" show in a couple hours. >>> egypt's military is running the country this morning, but it is about what is next. a member of a committee appointed to amend egypt's constitution says the new document is going to be temporary. he says radical changes will not be made right now but restrictions on freedoms will be removed. and the new constitution will only be used until democratic rule is established. >>> neen meantime, iranian leaders are calling for the execution of two leaders of anti-government protests. this is the amateur videoof yesterday's protests posted on youtube from iran. it shows iranian security forces using tear gas on protesters. dozens of demonstrators were detained and one person was shot and killed d
. >>> president obama will meet with tech business leaders on thursday to talk about green jobs and technology. the meeting will be private. the president will stay overnight before moving on to oregon on friday. and we just got word that the president will also hold a press conference for 8:00 this morning our time. nbc news will have a special report coming up during the "today" show in a couple hours. >>> egypt's military is running the country this morning, but...
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Feb 15, 2011
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jacqueline: showers on when to come on-off will time it out on futurecast. ñ >>catherine: president obama is slashing $400 billion over the next 10 years. this proposal is finding no love from democrats or republicans. republicans say it is not go far enough. democrats say too much. with higher taxes on the wealthy, oil companies and nearly 3000 pages! the white house budget proposal ended with a a thud. >> this is valentine's day but not what i wanted. da lin tough love. >> cutting things that i care deeply about >>catherine: . tough love. >> and if we're going to walk the walk? this is necessary. >>catherine: 3.7 trillion dollars the big entitlements social security and medicaid eat up one half the total. the pentagon and treasury with nearly one half a billion on interest on the national debt. the other federal departments one-half full of less to spend. fema, the epa, and the drug enforcement administration will of deep cuts. and helping poor people assistant heating bills would also be reduced. high speed train, clean energy republicans pounced that it will do nothing to reduce the n
jacqueline: showers on when to come on-off will time it out on futurecast. ñ >>catherine: president obama is slashing $400 billion over the next 10 years. this proposal is finding no love from democrats or republicans. republicans say it is not go far enough. democrats say too much. with higher taxes on the wealthy, oil companies and nearly 3000 pages! the white house budget proposal ended with a a thud. >> this is valentine's day but not what i wanted. da lin tough love. >>...